Malaysia: Hardboard Market Overview 2020

Hardboard Market Size in Malaysia

The revenue of the hardboard market in Malaysia amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, hardboard consumption continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Hardboard consumption peaked at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Hardboard Production in Malaysia

In value terms, hardboard production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated a notable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hardboard production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. In that year, hardboard production attained its peak level of $X. From 2010 to 2018, hardboard production growth remained at a somewhat lower figure.

Hardboard Exports

Exports from Malaysia

Hardboard exports from Malaysia amounted to X cubic meters in 2018, increasing by X% against the previous year. Overall, hardboard exports, however, continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Exports peaked at X cubic meters in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, hardboard exports totaled $X in 2018. In general, hardboard exports, however, continue to indicate a precipitous deduction. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, hardboard exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Pakistan (X cubic meters), Turkey (X cubic meters) and India (X cubic meters) were the main destinations of hardboard exports from Malaysia, together accounting for X% of total exports. These countries were followed by Viet Nam, Australia, Jordan, the UK, Thailand, Taiwan, Chinese, the Philippines, Canada and South Africa, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X) remains the key foreign market for hardboard exports from Malaysia, comprising X% of total hardboard exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Pakistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-X% per year) and India (-X% per year).

Export Prices by Country

The average hardboard export price stood at $X per cubic meter in 2018, shrinking by -X% against the previous year. In general, the hardboard export price continues to indicate a measured curtailment. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. In that year, the average export prices for hardboard reached their peak level of $X per cubic meter. From 2010 to 2018, the growth in terms of the average export prices for hardboard remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the UK ($X per cubic meter), while the average price for exports to Jordan ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced a decline.

Hardboard Imports

Imports into Malaysia

Hardboard imports into Malaysia totaled X cubic meters in 2018, jumping by X% against the previous year. In general, hardboard imports continue to indicate prominent growth. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, hardboard imports totaled $X in 2018. Over the period under review, hardboard imports continue to indicate a strong increase. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, Thailand (X cubic meters) constituted the largest supplier of hardboard to Malaysia, accounting for a X% share of total imports. Moreover, hardboard imports from Thailand exceeded the figures recorded by the second-largest supplier, Belgium (X cubic meters), twofold. China (X cubic meters) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Thailand stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and China (+X% per year).

In value terms, Thailand ($X) constituted the largest supplier of hardboard to Malaysia, comprising X% of total hardboard imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Thailand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and China (+X% per year).

Import Prices by Country

In 2018, the average hardboard import price amounted to $X per cubic meter, surging by X% against the previous year. Overall, the import price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hardboard import price decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2009 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for hardboard attained their peak figure at $X per cubic meter in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Australia ($X per cubic meter), while the price for Belgium ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform